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Zimmer Biomet Holdings (LTS:0QQD) Net Margin % : 21.61% (As of Dec. 2023)


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What is Zimmer Biomet Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zimmer Biomet Holdings's Net Income for the three months ended in Dec. 2023 was CHF363 Mil. Zimmer Biomet Holdings's Revenue for the three months ended in Dec. 2023 was CHF1,678 Mil. Therefore, Zimmer Biomet Holdings's net margin for the quarter that ended in Dec. 2023 was 21.61%.

The historical rank and industry rank for Zimmer Biomet Holdings's Net Margin % or its related term are showing as below:

LTS:0QQD' s Net Margin % Range Over the Past 10 Years
Min: -4.78   Med: 4.94   Max: 23.24
Current: 13.85


LTS:0QQD's Net Margin % is ranked better than
80.27% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: -0.21 vs LTS:0QQD: 13.85

Zimmer Biomet Holdings Net Margin % Historical Data

The historical data trend for Zimmer Biomet Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zimmer Biomet Holdings Net Margin % Chart

Zimmer Biomet Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.18 -2.27 5.88 3.33 13.85

Zimmer Biomet Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.15 12.70 11.21 9.28 21.61

Competitive Comparison of Zimmer Biomet Holdings's Net Margin %

For the Medical Devices subindustry, Zimmer Biomet Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zimmer Biomet Holdings's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zimmer Biomet Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zimmer Biomet Holdings's Net Margin % falls into.



Zimmer Biomet Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Zimmer Biomet Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=885.555/6394.504
=13.85 %

Zimmer Biomet Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=362.524/1677.798
=21.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zimmer Biomet Holdings  (LTS:0QQD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Zimmer Biomet Holdings Net Margin % Related Terms

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Zimmer Biomet Holdings (LTS:0QQD) Business Description

Traded in Other Exchanges
Address
345 East Main Street, Warsaw, IN, USA, 46580
Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two thirds of total revenue is derived from sales of large joints, another quarter comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.

Zimmer Biomet Holdings (LTS:0QQD) Headlines

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